Is Jackson, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Jackson has remained a Seller's Market.

Key Takeaway

Jackson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jackson, WI

How much do homes in Jackson, WI cost?

Median Sold Price

$389,900

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$52,400(+15.5%)

Key Takeaway

Homes in Jackson have sold for 15.5% more than they did a year ago.

Summary: The median home sold price in Jackson was $389,900 in October 2024, up 15.5% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $171.5K$186.8K
+8.9%
2 $239.9K$299K
+24.6%
3 $355K$409.9K
+15.5%
4 $516.9K$460K
-11.0%
5+ $750K$528.9K
-29.5%

Summary: Jackson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 24.6%, 3 bedroom homes increased by 15.5%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes decreased by 29.5%.

Median Sold Price Compared To Nearby Cities

Jackson
+15.5%
Polk
-6.3%

Housing Supply in Jackson, WI

How many homes are available in Jackson, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5865+12.1%

Summary: The Jackson real estate market had 65 homes for sale in October 2024, a 12.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1215
+25.0%
3 3030
0.0%
4 1317
+30.8%
5+ 22
0.0%

Summary: The Jackson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
11110.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Jackson in October 2024, the same as the previous month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.

Days on Market for Jackson, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Jackson, WI

Nearby Markets to Jackson, WI